Exits

Lendingkart acqui-hires personal loans startup KountMoney

Indian online lending firm Lendingkart has acqui-hired the team behind personal loans marketplace KountMoney. The financial terms of the deal are undisclosed.

Digital payments giant PayPal acquires POS developer iZettle in $2.2bn deal

Digital payment giant PayPal has acquired fellow online payments platform iZettle in a deal worth $2.2bn.

Euronet makes $1bn bid to take MoneyGram from Ant Financial

A bidding war seems on the cards over remittances service MoneyGram as Kansas-based electronic payments firm Euronet Worldwide attempts to swoop in on Ant Financial $880m acquisition.

The Riverside Company sells stake in BeneSys

Private equity firm The Riverside Company has sold its stake in third-party administration (TPA) service provider BeneSys.

Blackhawk Nework acquires CashStar for $175m

Blackhawk Network has acquired digital gift card provider CashStar, in a deal worth $175m.

Why is Pablo Escobar’s brother suing Klarna?

A Columbian drug lord's brother and the biggest privately-owned FinTech in Europe could be heading towards a legal battle threatening to delay Klarna's public listing.

Klarna picks up team and tech of bankrupt Cookies

Swedish payments processor Klarna is acquiring the technology and team behind bankrupt peer-to-peer payments app Cookies. No price is disclosed on the deal.

Verscend Technologies acquires Cotiviti Holdings in $4.9bn deal

Cotiviti Holdings, a payment accuracy and analytics solution, has been acquired by data-driven healthcare solution developer Verscend Technologies in a deal worth $4.9bn in cash.
fintech-news

Uber-rival Grab snatches Kudo to power up payments

South-East Asian Uber-rival Grab is boosting its payments powers with the acquisition of e-commerce and payments service Kudo.

Meniga acquires customer rewards app Wrapp

RegTech company Meniga has acquired Sweden-based customer rewards platform Wrapp, for an undisclosed amount.

News Stories

FinTech

FinTech investment sees uptick following two sluggish weeks

There was a climb in investment in the FinTech sector this week, with FinTech Global reporting on a total of $399m being raised across...
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd....

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